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February Tax Tips & News

Welcome to the Stephen Hill Mid Kent Tax Tips & News monthly newsletter, bringing you the latest news to keep you one step ahead of the taxman. If you need further assistance just let us know or send us a question for our Question and Answer Section. We’re committed to ensuring none of our clients pay a penny more in tax than is necessary and they receive useful tax and business advice and support throughout the year. Please contact us for advice on your own specific circumstances. We’re here to help!

HMRC issue EA changes reminder
HMRC have been reminding employers to get ready for changes to the Employment Allowance (EA) that take effect from the start of the new tax year on 1 April 2020 Read More...
Structures and buildings capital allowances
One of the key messages regarding claims for structures and buildings capital allowances (SBAs) is that record keeping and cost segregation will be of paramount importance. In order to claim the allowance, evidence of qualifying expenditure Read More...
2020/21 NIC rates and thresholds confirmed
Around 31 million taxpayers are expected to benefit from an increase in take home pay from April 2020 Read More...
VAT: HMRC provide guidance on digital publications
HMRC have published Brief 1 (2020): VAT liability of digital publications Read More...
March questions and answers
If I sell a buy-to-let property in July 2020, when will I have to pay the capital gains tax (CGT) arising on the sale? Read More...
March Key tax dates
11 – 2020 Budget 19/22 - PAYE/NIC, student loan and CIS deductions due for month to 5/3/2020 Read More...
About Us

Stephen Hill Mid Kent are a firm of chartered accountants with offices in Maidstone, New Romney and Dymchurch, offering local business owners and individuals a wide range of both general and specialist accountancy services and advice. We pride ourselves on being more than just accountants. Visit our website for more information.


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